Puerto Rican bread and pastry company Pastelería Cidrines announced Thursday it has entered into a partnership with Small Business Community Capital (SBCC), an investment fund associated with the Small Business Administration, to fuel its growth plans, including the introduction of new products locally and its expansion in the continental U.S. market.
The National Minority Supplier Development Council (NMSDC) and the Puerto Rico Minority Supplier Development Council (PRMSDC) announced Wednesday the upcoming start of “Goal 1B,” a strategy designed to help Puerto Rican industries expand their market.
The 60 Plus Association announced Thursday the formation of "Main Street Bondholders," a new small bondholder coalition made up of ordinary investors from Puerto Rico and the U.S. mainland who hold retirement, college and life savings in Puerto Rican bonds.
Grupo Guayacán Inc. announced Monday the launch of the 7th edition of its Guayacán Venture Accelerator program. In this second edition for 2015, the GVA debuts a new and expanded curriculum with new workshops and instructors, and a strengthened mentoring component, organization executives said.
The Foundation for Puerto Rico announced Thursday it is focusing its efforts on developing new social and economic strategies that will transform Puerto Rico into a global destination, based on the premise that tourism is key to improve the economy.
The Puerto Rico Science, Technology & Research Trust has partnered with Grupo Guayacán, Inc. to extend its joint I-Corps Puerto Rico program — a customer discovery boot camp for entrepreneurs looking to build and develop scalable business models — during fiscal year 2016.
The Federal Energy Regulatory Commission has granted the go-ahead to Excelerate Energy to site, construct, and operate the proposed Aguirre Offshore GasPort Project in cooperation with the Puerto Rico Electric Power Authority.
Latin America and international commerce will be the topic of the upcoming meeting of the Business Council of Latin America, slated for Aug. 13-14.
The Center for Investigative Journalism filed a civil suit Monday against the government over its refusal to provide the names of the hedge funds that are getting ready to renegotiate or demand complete payment of Puerto Rico’s public debt.
Representatives from 20 of Puerto Rico’s largest private-sector organizations expressed their willingness to work with the government’s task force on proposals to restructure the island’s fiscal issues.
Dozens of key Hispanic business leaders from New York, New Jersey and Puerto Rico gathered in New York this week for the first “Puerto Rican & Hispanic Business Summit” to discuss common business opportunities and challenges.
Forty-four Puerto Rican entrepreneurs will receive more than $500,000 in crowdfunding and grants to jumpstart their businesses as a result of their participation in Hit3001.com, a 12-episode reality TV program turning up-and-coming business leaders into hits.
Christie’s International Real Estate has included Puerto Rico’s high-end real estate market in the third edition of its annual research that examines the world’s top cities for prime property. This is the first time the island is featured.
Puerto Rico’s nonprofit organizations have a positive economic impact on the island, producing 150,410 jobs — or 16 percent of all local employment — and some $2.2 billion in wages, according to a study presented Wednesday by the Foundations Network.
Puma Energy, the globally integrated midstream and downstream energy company, announced Monday it has signed a purchase agreement with BP to buy its local aviation business in Puerto Rico.
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